The White House launched a push Tuesday to contain the political damage caused by inflation after President Joe Biden complained for weeks to aides that his administration was not doing enough to publicly explain the fastest price increases in roughly four decades.
Prices for just about everything Americans buy have spiked in the past two years. Inflation, which had been scarcely noticeable for decades, is suddenly the top concern most people have about the economy. And it all seemed to catch Washington, D.C., by surprise.
The FDA and President Joe Biden face mounting political pressure to explain why they didn’t intervene sooner to head off the supply crisis.
The focus on price gouging comes as gas prices hit an national average of $4.59 per gallon Thursday—49 cents a gallon higher than a month ago and $1.55 higher than a year ago, according to AAA.
The Department of Energy said Thursday it will release the money to groups developing direct air capture and other technologies that remove carbon dioxide.
The Defense Production Act order requires suppliers of formula manufacturers to fulfill orders from those companies before other customers, in an effort to eliminate production bottlenecks.
The House is expected to take up the emergency spending measure later this week before lawmakers head back to their congressional districts for the next two weeks.
The White House responded by pointing out that Jeff Bezos’ attacks emerged days after Biden met in the Oval Office with the labor leaders behind Amazon’s unionization drive, which the company has vehemently opposed.
The goal is to spur cities to adopt detailed plans to reduce traffic deaths by slowing down cars, carving out bike paths and wider sidewalks and nudging commuters to public transit.
The goal is to have states lay out a five-year timeline to provide full internet access, while ensuring affordable internet access and promoting competition among providers.
The Biden administration says it is canceling three oil and gas lease sales, removing millions of acres from possible drilling as U.S. gas prices reach record highs.
Some Republicans argued that the House-passed bill is more extreme than Roe, and would expand abortion access beyond what is already the law.
With the new commitment from the internet providers, some 48 million households will be eligible for $30 monthly plans for 100 megabits per second, or higher speed, service.
Postmaster General Louis DeJoy said he’ll advocate for raising prices until “we have accomplished our objective of projecting a trajectory that shows us being self-sustaining.”
Anderson served two terms as Marion County sheriff from 2003 to 2011. He also was U.S. marshal for the Southern District of Indiana from 1977 to 1981 and 1994 to 2001.
White House press secretary Jen Psaki said Thursday that President Joe Biden was still considering whether to tie debt relief to borrowers’ income levels, an idea he’s floated in the past. She said it’s “certainly something he would be looking at.”
Lawmakers on Capitol Hill aggressively questioned the chief executives of the country’s four major beef producers, accusing them of engaging in anti-competitive practices that have financially harmed cattle ranchers and driven up the price of meat.
The relatively close vote reflects the increasingly partisan atmosphere in Congress that is now engulfing the nomination process for the Fed, an independent institution that has sought to remain above politics.
Officials are expressing increasing alarm that the U.S. is also losing out on critical opportunities to secure booster doses and new antiviral pills that could help the country maintain its reemerging sense of normalcy.
The White House on Monday released an action plan that calls for expanding the number of agencies that can track and monitor drones flying in their airspace.
